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MACD - How Do Pros Trade With It?
 
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MACD - How Do Pros Trade With It? - See more at: http://www.netpicks.com/macd-indicator/ One of the first indicators I ever experimented with was one developed by Gerald Appel in the late 1970s called the MACD indicator, otherwise defined as the moving average convergence divergence indicator. The MACD histogram was added in 1986. Right from the start I used it as a technical analysis tool, applied the macd indicator to the daily chart and used it to measure an increase in momentum, the overall strength of the market as well as trend direction. I used it for Forex and Futures trading but everything you are about to read applies to stocks, commodities, virtually any market you can think of. It can make a very useful part of any trading strategy if you are keenly aware of the mechanics behind it. - See more at: http://www.netpicks.com/macd-indicator/ - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs MACD, moving average convergence divergence, momentum, trend trading Risk Disclosures: https://www.netpicks.com/risk-disclosure/
4 Reasons Why You Should be Trading with Range Bars
 
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http://www.netpicks.com/4-reasons-why-you-should-be-trading-with-range-bars - Read more Basically, a range bar is a bar that has the same price increment and each bar closes either at the high or the low, regardless of where it opened. So, if you want a range of 5 points on the Dow, set your range to 5. Every time the Dow moves 5 points up or down in total for that bar, it will complete the current bar and start a new one. Time has no effect. http://www.netpicks.com/tjlivewebinar - See Our Trading Systems In Action Risk Disclosures: https://www.netpicks.com/risk-disclosure/
You Better Know Your Expectancy And Profit Factor
 
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http://www.netpicks.com/profit-factor-expectancy/ - Read more You are going to learn the minimum basic trading performance metrics that are required to adequately assess your back tested trade plan, trading system and track your progress as you trade it. As you shall see, win rate is important, but there are other factors that are equally important such as your systems profit factor and expectancy The following metrics and relationships between metrics will be covered: Win rate, Loss rate, Average win, Average loss, Total number of trades, Number of winning trades, Number of losing trades. The last three are probably the least understood yet arguably the most important: Profit factor, Statistical Expectancy (average profitability per trade), Expectation (mathematical outcome). http://www.netpicks.com/profit-factor-expectancy/ - Read more - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/hotlistdl/ Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Simple Keltner Channel Trading Strategy
 
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http://www.netpicks.com/keltner-channel-trading-strategy/ Click here for more information on Keltner Channel Trading Here is some information on keltner channels trading: One thing you want to be aware of when trading an indicator method such as the Keltner Channel trading strategy is that, like all indicators, there is a lag time. Indicators are derivative of price meaning that the results that you see via an indicator will come via a calculation using the price you see on your chart. PRICE FIRST. INDICATOR SECOND. Before we get into the strategy that you can use with the Keltner Channel indicator (Keltner bands), let’s cover why a channel can be useful for any trading strategy. For more information on keltner channels trading: http://www.netpicks.com/keltner-channel-trading-strategy/ https://youtu.be/XIAS8dY4xMA keltner channels trading keltner channel keltner channel indicator trading strategies Risk Disclosures: https://www.netpicks.com/risk-disclosure/
3 RSI Trading Facts You Should Know
 
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Thanks for watching "3 RSI Trading Facts You Should Know" Click here next: http://www.netpicks.com/tjlivewebinar Here is some information on the RSI trading indicator: I recently read that the most popular indicator by traders that use the Bloomberg Professional Terminal is the RSI (Relative Strength Index). This is the first time that I’ve been aware of an objective measure of the popularity of any trading indicator. This is much better than the usual “most traders use X” or “Hedge Funds use X” you read when people are talking about trading indicators. If you liked this RSI video than click here for more http://www.netpicks.com/rsi-trading-facts/ - Read more rsi indicator rsi indicator explained rsi indicator strategy rsi indicator settings relative strength index https://www.youtube.com/watch?v=r3Wu1Av2QtY Risk Disclosures: https://www.netpicks.com/risk-disclosure/
BEST WAYS TO USE RELATIVE STRENGTH INDEX - RSI
 
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BEST WAYS TO USE RELATIVE STRENGTH INDEX - See more at: https://www.netpicks.com/rsi-trading-facts/ One of the most popular technical indicators has to be the relative strength index (RSI). I didn’t just make that up as I read a survey done with users of the Bloomberg Professional Terminal and the RSI was the top ranked trading indicator used on that platform. - Visit our website: http://www.netpicks.com/ - Netpicks Inner Circle: http://www.netpicks.com/icenroll - Free Trade Room Trial: http://www.netpicks.com/go/trade-room/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs trading,relative strength index, rsi Risk Disclosures: https://www.netpicks.com/risk-disclosure/
How to Make Range or Renko Charts on Metatrader 4
 
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This video will show you just how easy it is to create Range or Renko Charts with MT4. In case you don't have the Plugin, we will give it to you free here. https://www.netpicks.com/quantumleap/
Can You Trade With $1000
 
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Can You Trade With $1000 - See more at: http://www.netpicks.com/can-i-trade-with-1000-dollars/ Trading is a business and like any business, you need capital to start. One of the questions we hear at Netpicks is literally, “Can I trade with $1000 and make money?” You don’t want to hear a marketing pitch but you want the truth and the truth is very simple: “We don’t know”. Can it be done? Sure it can. There are traders out there that started with low capital amounts and were able to turn that into a profitable trading career. Is it probable? That answer is no. Most traders, whether their starting capital is $1000, $5000, or virtually any amount, will never find lasting success trading the markets. While capital does play a part, winning at trading takes more than just money. Traders often fail for reasons other than their available trading capital: - See more at: http://www.netpicks.com/can-i-trade-with-1000-dollars/ - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs $1000, trading account Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Avoid Choppy Markets With These 2 Indicators
 
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Let's cover one of those indicators that help us determine if we are in a trending or consolidating market, the Bollinger Band Squeeze. I’ll recap the components of The Squeeze, describe the rationale behind the indicator, and present an approach you can use to develop a customized Squeeze trading indicator. Choppy Markets & The Squeeze Whenever market volatility decreases, we see the Bollinger Bands tighten while the Keltner Channel remains relatively constant. As volatility continues to decrease the bands will eventually move inside the channel lines. This means that, using the typical default values, 95% of the closing prices fall within 1.5 ATR’s of the moving average, and that is what constitutes a squeeze. - See more at: http://www.netpicks.com/squeeze-out-the-chop/ Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Use Stochastic Oscillator The Right Way
 
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Use Stochastic Oscillator The Right Way - See more at: http://www.netpicks.com/slow-stochastic-oscillator/ As with any technical analysis trading indicator, the Slow Stochastic Oscillator is only a tool and should only be used as part of an overall trading strategy. I’m not going to draw a conclusion for you as to the effectiveness but will cover how you can trade with the slow Stochastic Oscillator and everything covered can also be used with the Fast Stochastic Oscillator. I prefer the the slow version of the Stochastic mainly due to the smoothness of the indicator. What Is The Slow Stochastic Oscillator The Stochastic is a momentum indicator and the Stochastic is designed to give you an objective measure of the momentum in your trading instrument. It’s bounded by the numbers 0 and 100 and will oscillate between those two areas. One area you want to be clear on is that simply because the lines on the slow Stochastic indicator moves up and down, it does not always track price movement. - See more at: http://www.netpicks.com/slow-stochastic-oscillator/ - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs Slow Stochastic Oscillator, fast Stochastic Oscillator, trading indicators,indicators - First published at: http://www.netpicks.com/slow-stochastic-oscillator/ Risk Disclosures: https://www.netpicks.com/risk-disclosure/
How To Trade Pullbacks
 
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http://www.netpicks.com/profit-trading-pullbacks/ - Read more What is the fundamental pattern of any market that is trending? Depends on the direction, right? If a market is trending up, we expect to see higher highs and lows and the downswings to be relatively the same. Flip what I just mentioned over and you have a market that is heading down. This is certainly basic knowledge that any trader should know….and be able to profit from and I want to show you how trading pullbacks can do just that. Trading Pullbacks Is Simple Trading pullbacks in price is a basic trend trading move that has a huge following. Most “educational websites” talk about trading pullbacks in various ways and many also have use different names for the pattern. It’s pretty great marketing when you show incredible trades all using your special pullback pattern called “Hip Lisk T-Play” (high probability low risk trend play). Let’s keep it real and call a pullback or one of its many variations for what it really is: A pause in the trending move. Yes, eventually these pauses can begin a longer term move in the other direction but let’s keep everything relatively simple. Also, the probability leans on the trend continuing…not ending. (even if it ends, we have ways to get involved but that is beyond the scope of this piece). These pauses in the trend…or pullbacks…..can generally be either one leg moves (simple pullback) or two legged variations (complex pullback) on your trading time frame. - See more at: http://www.netpicks.com/profit-trading-pullbacks/ http://www.netpicks.com/tjlivewebinar - See Our Trading Systems In Action Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Simple Two Step Trading Entry
 
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http://www.premiertraderuniversity.com/ptucourse -- PTU Trading Course! If the market does things in two’s, could you consider trade entries on the first move in the direction too early? Yes and no. In a fast moving market, many times there is a pullback and the next impulse move just keeps on going. It happens and you will just have to miss a trade. Many times though, those that take first moves as their trade entries have the market go against them, stop them out, and re-enter to help fuel the trade back into the trend direction. Understanding this leads to our topic which is trading second attempts or second entries. In this introduction, it is impossible to cover the nuances involved in second entries but let’s cover 3 important tips for those not experienced with trading them: http://www.netpicks.com/trading-article/trade-entries-using-second-move/
Learn Naked Chart Reading
 
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http://www.netpicks.com/naked-chart-reading/ - Read more Learn more about naked chart reading. Reading a naked chart is a skill you can learn. One of the great things about trading virtually “indicator-less” is you can see in real time what is going on with current price without it hiding behind a mess of indicators. Naked chart reading is simply looking at a chart with next to no indicators on the screen. If your first instinct is to check out an indicator on your chart for a trading decision, you are already a little late to the party since most indicators are a derivative of price. This is not to say that indicators are worthless but should not be the main driver of your trading decisions. Naked Chart Trade Example Markets alternate between trending moves and price compression and there are opportunities to be had in both states of your market of choice. When markets are trending, you have the opportunity for continuation moves or trend termination trading plays Once the markets find a consolidation area, you now have the opportunity to play a support (resistance) holding or failing play. Four types of trades and there are literally hundreds of ways you can take advantage of these trading opportunities. In the chart below, there is a move we see time and time again because it is the nature of the markets. - See more at: http://www.netpicks.com/naked-chart-reading/ Risk Disclosures: https://www.netpicks.com/risk-disclosure/
PROS AND CONS OF TRADING FOREX
 
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http://www.netpicks.com/forex-trading-systems/forex-trading-pros-and-cons/ - Blog Post The first decision a new trader has to make is which market to trade. Stocks, futures, mutual funds, options, exchange traded funds are all good candidates but unfortunately require trading accounts that are too large, at least initially, for many beginning traders.
Think In Probabilities
 
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http://www.premiertraderuniversity.com/system -- Trend Jumper Free Download One of the most important concepts to grasp is that successful traders tend to think in terms of trading probabilities. The trouble is and this is obvious by the rate of attrition, most either dont get this or even attempt to address it.So the thing to really think about here is the nature of an edge. I’m not talking about the technical specifics of an edge – I’m talking about what it gives you in terms of trading advantage. http://www.netpicks.com/trading-article/trading-probabilities/
How do Futures Contract Rollover Days Work
 
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FREE DOWNLOAD: http://www.highvelocitymarketmaster.com/capitalgrowth/ -- Capital Growth App! The rollover day for a Futures contract is one of the most misunderstood features in trading these contracts. Quite simply, Rollover Day is when traders start to exit the expiring contract and begin trading the front month contract that expires some time in the future. futures contract rollover timeAs part of your job as a trader, you must understand when the contracts expire and ensure you sell or cover out of the existing contract before the date of expiration. The expiring contract can still be traded, as it is still available up to the expiration day, but the liquidity will suffer and you are best advised, if you want to continue in this position, to change to the new contract. see more: http://www.netpicks.com/how-do-futures-contract-rollover-days-work/
5 Things Losing Traders Don’t Do That Costs Them Money
 
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http://www.netpicks.com/losing-traders - Read more There is a lot of value that can be obtained if we understand why there are so many losing traders. And, without question, the number of losing traders overwhelms that of those who are succeeding. In 2010, University of California, Berkeley released a report titled “Do Day Traders Rationally Learn About Their Ability?”. The report was centered around the idea to “test the proposition that individual investors rationally speculate as day traders in order to learn whether they possess the superior trading ability”. Obviously by doing this type of research they end up finding the chances of success for most people who take up trading and can answer the question of “do day traders make money?” This is some of the information that was discovered: The majority of day traders quit relatively quickly (80% of all day traders quit within two years) Investors irrationally attribute success disproportionately to their ability rather than luck Many day traders are remarkably persistent in their day trading activity despite a history of losses With those three points we can see the most people who take up trading quit, they think they are skillful instead of lucky yet have a history of losing. You can also take the word of many trading brokers who report that losing traders make up the bulk of their clients…..statistics report about 95%. I think we can say, with a high degree of accuracy most traders lose money over time. http://www.netpicks.com/losing-traders - Read more Risk Disclosures: https://www.netpicks.com/risk-disclosure/
3 Top Technical Analysis Indicators For Profitable Day Trading
 
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Top Technical Analysis Indicators are often touted as the holy grail of trading but that is simply not true. They are a useful trading tool that should be used in conjunction with a well rounded trading plan but are not the plan itself. http://www.netpicks.com/blueprint/ - YOUR FREE INDICATOR BLUEPRINT will cover: The uses of trading indicators Indicator selection Two simple trading methods you can expand on Whether you swing trade, day trade, or even position trade, too many indicators equals complexity which usually equals lack of consistency with trading decisions. Information overload is often the result of traders finding a mix of day trading indicators potentially useful but in fact don’t really help in the trader making a profitable decision. http://www.netpicks.com/most-useful-day-trading-indicators/ - READ MORE
Stop Trading Pennies - Here's How To Grow Your Trading Account
 
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http://www.netpicks.com/growing-trading-account/ - Read more Imagine for a moment that you have a trading system such as Counter Punch Trader and it’s now the time to start trading live. This is assuming you’ve done all your homework and know how to trade the system, back tested your trading plan and have been involved in the trading room which has built your confidence to identify and trade the system setups. You are all set to risk real money in the live markets and begin the process of growing your trading account. Let’s be clear that if you are not ready to jump into live trading, don’t do it. The markets are not going anywhere and you want to protect the most vital component of your trading business which is your capital. Before you begin, ask yourself: Which market and time frame will I trade? What time does my trading day start? What are the risk parameters I will use to protect my account? You also want to ensure that you understand that trading is not a get rich quick scheme. Your trading account will not rocket to new highs overnight and approaching trading with that expectation will not only leave you disappointed, but also have you risking too much and getting wiped out during a losing streak. Expect a two steps forward and a one step backwards progression of your equity curve while you compound your trading account. Stick to your proven trade plan and resist the urge to jump from market to market during different volatility levels. You will have a string of losing trades and while this will challenge your resolve, review your back test and the draw downs that occurred during the testing and trust in your system. http://www.netpicks.com/growing-trading-account/ - Read more - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/hotlistdl/ Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Candlestick Patterns - The Truth You Must Know
 
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http://www.netpicks.com/candlestick-patterns-really-work/ - Read more All too often, I see traders who fail to understand the meaning of a price chart. They look at different types of candlesticks and candlestick patterns in isolation without attaching any meaning to them in terms of trading activity and context. Inevitably, this type of trader will identify patterns where really there are none and will suffer the consequences – often they then turn into traders who no longer “believe” in patterns. So I will attempt to demonstrate to you that with appropriate application they do work and that you can incorporate patterns into you methodology. The Human mind is excellent at pattern recognition. From our earliest hunter-gatherer days where quickly recognizing situations that might put us in mortal danger, to finding a mate, pattern recognition is hard-wired in the form of instinctual drives. Whilst this might have served us well in our caveman days and perhaps even in other careers today, the trouble is that it’s not always appropriate in financial trading. There’s an endless stream of what on the face of it might look like patterns, but really have very little significance. - See more at: http://www.netpicks.com/candlestick-patterns-really-work/ http://www.netpicks.com/tjlivewebinar - See Our Trading Systems In Action Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Trend and Setting Rules for Swing Trading
 
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In part 2 on our series abou trading with the Trend, Coach Shane goes into setting rules to distinguish swing levels, and how to tell when you are in a chop. Enjoy! For more visit: http://www.netpicks.com/trading-tips
You Can Trade Price Action
 
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You Can Trade Price Action - See more at: http://www.netpicks.com/naked-chart-reading/ Naked trading is simply trading virtually “indicator-less” so you can see in real time what is going on with current price without it hiding behind a mess of indicators. It is better known as price action trading where you may trade candlestick chart patterns or even singular patterns such as a pin bar. There is one particular naked trading pattern I like to use and that is what is called a failure test which looks to take advantage of traders trapped in an adverse position. Without the use of indicators some may say that naked chart trading is highly discretionary. While there is some discretion is involved, you can set up a trading strategy that is rules based so you are not trading “patterns in clouds”. You will have actual variables you are looking for that should be contained in your trading plan. - Visit our website: http://www.netpicks.com/ - Netpicks Inner Circle: http://www.netpicks.com/icenroll - Free Trade Room Trial: http://www.netpicks.com/go/trade-room/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs price action, trading price action, price patterns, naked trading Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Learn A Simple Range Trading Strategy Part 1
 
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http://www.netpicks.com/tjlivewebinar - See Our Trading Systems In Action Click here for more information on range trading http://www.netpicks.com/simple-range-trading-strategy/ Watch Part 2: https://youtu.be/oclYneWfwqk Here is some information on range trading: It’s been said that a market only trends 30% of the time. I can’t quantify that figure but having a range trading strategy to take advantage of the other 70% is good business. Range trading is not difficult however it does require discipline and a method of determining when a trading range is in play. For more information on range trading click here: http://www.netpicks.com/simple-range-trading-strategy/ range trading range trading strategy https://youtu.be/7--096K4uos Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Build An Automated Trading Strategy With Tradestation Strategy Builder
 
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Build An Automated Trading Strategy With Tradestation Strategy Builder - See more at: http://www.netpicks.com/build-trading-strategy/ You don’t have to be a programmer to build your own automated trading strategy. If you use TradeStation you can create a custom strategy using a slew of built in strategies and trading indicators that you can mix and match. In this article we’ll show you how to put together a simple system using these Tradestation tools. - See more at: http://www.netpicks.com/build-trading-strategy/ - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs Risk Disclosures: https://www.netpicks.com/risk-disclosure/
4 Keys To Following Your Trading Plan
 
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http://www.netpicks.com/trade-plan-keys/ - Read more So many traders who’ve yet to find their trading consistency, struggle to follow a trade plan that has a trading edge. In fact it could well be that they don’t even have a trading plan. But let me tell now – if you can find a way that will allow you to consistently follow your trade plan and stick with it, your overall results and trading success become far more attainable. Why Bother With A Trade Plan? If that is a question you have asked, you really don’t understand how important the trade plan is. There are at least three really persuasive reasons as to why you should be doing this: Trading emotions and trying to figure out the market when you are actually trading is a lot more difficult than defining what constitutes a trade and then executing when all the variables line up. A trade plan will make it much easier to define your level of risk for a particular trade You will always have a baseline in which to judge your trading performance and improve your trading results. When you record and learn about your trades, you can add or subtract different variables and measure the impact on the system you are trading. Figuring all that on the fly will prove to be an impossible task - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/hotlistdl/ Risk Disclosures: https://www.netpicks.com/risk-disclosure/
3 Volatility Indicators To Help You Trade Effectively
 
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Volatility Indicators http://www.netpicks.com/volatility-indicators/ - Read more Volatility Indicators are an important part of any trading strategy that relies on markets having good price movement. Check out our top picks for Volatility Indicators including a bollinger band and keltner channel combo. http://www.netpicks.com/volatility-indicators/ - Read more - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/hotlistdl/ Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Multiple Time Frame Trading Analysis Can Make You A Better Trader
 
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Multiple Time Frame Trading http://www.netpicks.com/multiple-timeframe-analysis/ - Read more Multiple Time Frame Analysis is used by many traders because it gives them an edge in banking profits. One thing you don’t want as a trader is tunnel vision which usually happens when a trader only focuses on one time frame. Multiple time frame analysis is where you take into consideration what is occurring on other time frames that may have an effect on your position. We’ve all forced trades that were marginal at best all because we thought we had to place a trade. Imagine now that your trading system sets up a long trading opportunity but you are confronted by a swing level on a daily chart that has rejected price multiple times…and with greater strength each time. Your probabilities are lower for a successful long trade and you would be forced to sit out on the trade. Consider changing your job title from “trader” to “risk manager” and you will start looking at markets a little differently. There is a very simple action you can take that will not only increase the chance of taking winning trades, but can also keep you out of what will probably be a loser or at the very least, having you sit inside basing action as traders decide which way to play; Use a multiple time frame trading approach. http://www.netpicks.com/multiple-timeframe-analysis/ - Read more - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/hotlistdl/ mulitple time frame trading, elder triple screen, multiple time frames Risk Disclosures: https://www.netpicks.com/risk-disclosure/
US Dollar Index – Why Use It With Forex?
 
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US Dollar Index – Why Use It With Forex? DOWNLOAD THIS POST AS A PDF - CLICK HERE - If you trade Forex, you don’t need anybody to tell you that many of the popular currency pairs are in conditions at this time that can be tough to trade. Yes, you can emotionally trade and maybe get a winner, but for the past several weeks, finding great reasons to trade haven’t existed. There’s been choppy price action, low volatility, momentum appearing and disappearing, and all of that combined does not make our job easier. There is a tell-tale sign that conditions are not great and for that, we can look at the US Dollar Index. Dollar Index – Barometer Of Stormy Trading Conditions For those of you that are unaware, the US dollar index measures the USD against a 6 other currencies. Inside that basket, the EURUSD makes up the bulk of the measure. The top 3 currency pairs inside the basket are: EURO Japanese Yen British Pound Those currency pairs are matched up against the USD and form the bulk of the trading activity that happens in Forex. - See more at: https://www.netpicks.com/us-dollar-index/ Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Trend Line Drawing Rules For Better Trades PT1
 
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http://www.netpicks.com/drawing-trend-lines/ - Read more Give a trader a peak or a trough and they will find a way to draw trend lines that may or may not have any use in their trading. Like most forms of technical analysis, trend lines are often abused, misused, and for the most part are not drawn with any sort of consistency. They can be very useful but virtually like anything else in your trading plan, you have to find consistency in how you use them. Let’s look at what trend lines mean and then list out a few ways you can draw them. We will then follow-up on a 1-2-3 reversal made popular by Vic Sperandeo Trend Lines Help In Swing Analysis Markets go up, down, sideways and when a market is trending, looking at the impulse and corrective swings can tell you the strength or weakness of a trend. When a market is trending up, we expect to have impulse moves larger in length than the corrective declines against the trend. This shows that the demand is still high for the particular market. - See more at: http://www.netpicks.com/drawing-trend-lines/ http://www.netpicks.com/tjlivewebinar - See Our Trading Systems In Action Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Using the FREE Trend Jumper Strategy to Daytrade the Dow eMini (YM) Futures
 
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http://www.PremierTraderUniversity.com/system. In this video, we'll go through this week's trades using the FREE PTU Trend Jumper Strategy. If you haven't downloaded yours yet, you can use this link to get it. It continues to produce, big time. See how in the first four days this week, following the tradeplan as provided with the strategy, it was able to win 4 out of 5 trades, posting a very attractive + 344 points.
Trading With Mindfulness
 
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http://www.premiertraderuniversity.com/system -- Trend Jumper Free Download Mindfulness is a form of meditation. It’s all about being in the moment and totally aware of what’s going on around you which is great for traders of all financial markets.
HOW TO LIVE THROUGH TRADING DRAWDOWN
 
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HOW TO LIVE THROUGH TRADING DRAWDOWNS - See more at: http://www.netpicks.com/trading-drawdown-tips/ Do you know what gets ignored when people write about trading? Living through a trading drawdown. Traders understand that their account will ebb and flow (just like the price on the chart) but when their trading account starts to look like a bear market due to an extended drawdown period, things change. What Is A Trading Drawdown In simple terms, a drawdown is when your trading account starts to retrace after a period of losing trades. In more direct terms, it is a peak to trough decline measured over a certain period of time. This means that your trading drawdown can happen during a single day of trading or over the course of weeks or months. - Visit our website: http://www.netpicks.com/ - Netpicks Inner Circle: http://www.netpicks.com/icenroll - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Trading Books Every Trader Should Be Reading
 
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http://www.netpicks.com/day-trading-books/ - Read more There are so many great day trading books out there that is almost impossible to say one is “the best book for traders”. We all have different tastes, different needs and process information differently. I used to read them all the time and for the most part I always picked something up from each of them. I still do have a fondness for books on the financial markets because I find it fascinating. To be honest though, many of them are just a rehash of another book but there are some great ones you may still want to get your hands on. Think of books as a private interview with the author of your choice. You may never meet them but you can get inside their heads through their writings and find what works for you. http://www.netpicks.com/tjlivewebinar - See Our Trading Systems In Action Risk Disclosures: https://www.netpicks.com/risk-disclosure/
How To Use The 3/10 Oscillator For Better Trading
 
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http://www.netpicks.com/tjgiveaway1 - YOUR FREE TRADING SYSTEM The MACD indicator is very useful when thinking of it in terms of momentum and trend and not as a holy grail. There are many settings that can be used and I prefer to use the settings that reflect the 3/10 oscillator (Raschke). While you can simply input the numbers 3,10,16 into your standard MACD, the proper 3/10 uses simple averages. In Sierra charts (fast becoming my top charting platform), there is a drop down menu where you can change the type of average. 3/10 OSCILLATOR SETUP The fast line is a good indicator of the overall change in momentum and the slow line is generally regarded as displaying the intermediate trend of the instrument. http://www.netpicks.com/310-oscillator-macd/ - Read more Risk Disclosures: https://www.netpicks.com/risk-disclosure/
4 Ways You Can Find High Probability Trading Setups
 
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4 Ways You Can Find High Probability Trading Setups - See more at: http://www.netpicks.com/4-locations-find-high-probability-trading-setups/ You can find high probability trading setups if you limit your trading of Forex, Futures, Stocks to certains times of day and areas on a chart. - See more at: http://www.netpicks.com/4-locations-find-high-probability-trading-setups/ - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs Risk Disclosures: https://www.netpicks.com/risk-disclosure/
4 Important Forex Trading Tools
 
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http://www.netpicks.com/tjgiveaway1 - YOUR FREE TRADING SYSTEM Unlike the traders of yesteryear, today’s market participants have a huge selection of Forex trading tools at their disposal. As a matter of fact, the selection can be overwhelming at times so it’s important to dial it down to simple categories and decide what fits your needs. The only way you’ll know what trading tools you need is to know what kind of Forex trader you are. Swing traders may require different tools than traders who scalp or day trade the currency market. Let’s drill into four categories of trading tools that you may want to investigate as part of your Forex trading business. - http://www.netpicks.com/forex-trading-tools/ - READ MORE
Finding the Right ETF to Trade
 
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Finding the Right ETF to Trade Finding the Right Exchange Trade Fund to Trade Piggyback our analysis - FREE: http://www.netpicksetfinvestor.com/ - See more at: http://www.netpicks.com/exchange-traded-funds-etf/ An ETF is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds and trades at approximately the same price as the net asset value of its underlying assets over the course of the trading day. With their growing popularity among investors, the number of available ETF’s has expanded tremendously. There are now over to 1900 available ETF’s available on the market. You can find them based on major market index products, different market sectors, commodities, and currencies. This gives traders a quick way to diversify their investments. Here's how you can find the best ETF to trade! - See more at: http://www.netpicks.com/exchange-traded-funds-etf/ - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs ETF, ETF trading, exchange traded funds, diversify, investments, retire, trading Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Profit Targets - How To Locate Profit Taking Areas
 
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Profit Targets - How To Locate Profit Taking Areas - See more at: http://www.netpicks.com/day-trading-profit-levels/ The issue that many traders have is getting out of the trade especially the day trading profit targets you are going to use. If you swing trade, you will only make the decision to exit your trade every few days or so. As a day trader, you will be making profit taking decisions quite a few times during one trading session. There are three exits for a trade: Exiting trades for a profit Exiting trades to cut your losses Exiting your trade at break even (although you will still pay spread/commission) - Visit our website: http://www.netpicks.com/ - Netpicks Inner Circle: http://www.netpicks.com/icenroll - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs trading profits, trading exits, support and resistance, price levels Risk Disclosures: https://www.netpicks.com/risk-disclosure/
How To Trade Crude Oil Inventories Report Every Week
 
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How To Trade Crude Oil Inventories Report Every Week is brought to you by NetPicks' Brian Short where he covers how to trade the crude oil inventory release on Wednesdays (Thursdays at 11 o clock). The one thing you can count on is that the crude oil market is going to move after the release of the report, tune in to this video with Brian Short to see how you can take advantage of this price action.
One Trading Truth To Never Forget
 
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There is one trading book we recommend for every trader and that one is “Trading In The Zone” by Mark Douglas. While there are trading books on trading techniques and money management, Trading In The Zone focuses more on the mindset of a successful trader. One section of the book is called Fundamental Truths of Trading and there are 5 “truths” that Douglas writes about: Anything can happen You don’t need to know what is going to happen next to make money There is a random distribution between wins and losses for any given set of variables that define an edge An edge is nothing more than an indication of a higher probability of one thing happening over another Every moment in the market is unique When one of our traders in our trading room or that have purchased one of our trading systems is having an issue with a string of losses, we always point them to #3. - See more at: https://www.netpicks.com/embrace-this-truth/ Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Stop Trading Support And Resistance The Wrong Way
 
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Stop Trading Support And Resistance The Wrong Way - See more at: http://www.netpicks.com/support-resistance/ Support and resistance trading is a popular technical analysis method of trading. The bad part is that many traders enter trades blindly at these levels without a firm understanding of what they mean. Learn about trading support and resistance and see if your trading results improve. - See more at: http://www.netpicks.com/support-resistance/ - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs support, resistance, support and resistance trading, reversals, trend Risk Disclosures: https://www.netpicks.com/risk-disclosure/
How To Avoid Curve Fitting During Back Testing
 
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http://www.netpicks.com/curve-fitting-back-testing/ - Read more Computerized back testing has been a boon for us traders. At the click of a few buttons we can evaluate new trading strategies and ideas across different instruments and time frames and through optimization determine the strategy parameters that yield the best results. For those new to trading, the meaning of back testing is: Backtesting is the process of testing a trading strategy on relevant historical data to ensure its viability before the trader risks any actual capital. A trader can simulate the trading of a strategy over an appropriate period of time and analyze the results for the levels of profitability and risk. – Investopedia Unfortunately with computerized back testing we also need to deal with the curse of curve fitting. Curve fitting occurs when the strategy parameters are tuned so that they produce optimized results for the specific set of historical data that was tested. With any other set of testing data the results might be radically different. For example we might run a test over a period that saw a huge price swing due to a major news event. A curve fitted strategy may be tuned to capture the maximum profit from those swings thus inflating its overall results. Take away that swing and the same parameters would yield drastically reduced or even negative results. http://www.netpicks.com/curve-fitting-back-testing/ - Read more - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/hotlistdl/ Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Learn Why Successful Traders Think Like A Casino
 
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http://www.netpicks.com/traders-success-casino-edge/ - Read more There is a simple concept to successful trading that typically gets overlooked and discarded as soon as the everyday average ‘would-be winning’ trader encounters a few losing trades. They might have a very effective and profitable strategy but after a few losing trades, that strategy gets tossed out the window and the search for the next best strategy begins. This is called ‘chasing performance’ and is a trap that normally leads to more losses. The way it works is that the would-be winning trader waits until the market is ‘trading well,’ winning trades have just occurred in other words, and then decides to start trading. The moment he does, his trades lose and the feelings of betrayal and conspiracy come rushing in. As the losses continue to mount, there comes a time when our would-be winning trader takes more pain than he can handle and quits. Of course the next series of trades are all winners which hurts even more. Sound familiar? If you’re reading this, chances are you are nodding your head in agreement and can identify with this unpleasant and all too common scenario. You are not along and most of us have been there and done that many times. http://www.netpicks.com/traders-success-casino-edge/ - Read more - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/hotlistdl/ Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Trading Crude Oil Futures -- the One Minute Trade
 
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http://netpickssignalservice.kajabi.com/sp/15335-ptu-training-room-1-week-trial This is an excerpt from today's live Counter Punch Trader traderoom where I called live, while also trading, my favorite trade of the week the Crude Oil Inventory Report. I have posted many videos and thought I would share with you how today's session went. Literally in and out of the trade in less than a minute. We're enjoying quite a winning streak with this specific plan having lost one session in the last 2 months. It's as sure a thing as there is with trading and as you all should know, nothing is ever sure when it comes to trading. There is always risk. But if you can mitigate your risk exposure to the market with a trade that has very high odds for succeeding, like this one, you are going to be far better off than most of the traders out there. Come join us for a free look at our traderoom. You can sign up, no obligations with this link. Sign up for Free Look at CPT Traderoom with the above link. Risk Disclosures: https://www.netpicks.com/risk-disclosure/
How to install MT4 Indicators onto new build 600
 
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Make Sure You select to watch this in HD mode so it is nice and clear! At Netpicks and Premier Trader Universirty we are always on the cutting edge. When MetaQuotes changed their MT4 build hiding files and making it hard to install new indicators or EA's. Our top notch programmer Will, found those hidden files and so now the whole Mt4 world will know how to install our Trend Jumper files and even our Keltner Bells EA's.
5 Steps For A Successful Trading Journey
 
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5 Steps For A Successful Trading Journey - See more at: http://www.netpicks.com/5-steps-trading/ Successful trading all starts with your process and discipline. How to be successful is a long winded trading subject but this video will give you some elements that you can use to get your journey on the road of trading off on the right foot. - - See more at: http://www.netpicks.com/5-steps-trading/ - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs secrets of successful trading, day trading success, discipline in trading, elements of successful trading, how to be successful in trading, Risk Disclosures: https://www.netpicks.com/risk-disclosure/
How To Trade The Slow Stochastic Oscillator
 
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Thanks for watching "How To Trade The Slow Stochastic Oscillator" Click here next: http://www.netpicks.com/tjlivewebinar Here is some information on the slow stochastic trading indicator: As with any trading indicator, the Stochastic Oscillator is only a tool and should be used as part of an overall trading strategy. I’m not going to draw a conclusion for you as to the effectiveness but will cover different uses for the Stochastic. If you liked this Slow Stochastic Oscillator video than click here for more: http://www.netpicks.com/slow-stochastic-oscillator/ - Read the article slow stochastic slow stochastic indicator momentum oscillator price momentum oscillator Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Find Confluence in Trading Entries And Exits
 
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Find Confluence in Trading Entries And Exits - See more at: http://www.netpicks.com/confluence-trade-entries/ When two or more things collide, a disaster can result. It doesn’t matter if it is two storm fronts or a vehicle collision. When things collide, many times good things do not result. In trading, the collision of two or more things can be a blessing! Many times it can spell the difference between success or failure of a trade. Think of this….if many people are looking at “X” and then something happens at “X”, expect a reaction. If many people are looking at “Y”, expect a reaction. What if “X” and “Y” meet and you get twice as many people looking at the same thing? A bigger reaction? Perhaps , but at least a greater chance of something happening. Definition Of Confluence To define a confluence is simple: “an act or process of merging”. When two or more variables are present, a confluence exists and these areas are a good place to look for a trading opportunity. Let’s take a walk through this Forex chart and see if we can find a confluence of variables through technical analysis. - See more at: http://www.netpicks.com/confluence-trade-entries/ - Visit our website: http://www.netpicks.com/ - Download the free indicator blueprint: http://www.netpicks.com/blueprint/ - Options Hot List PLUS Training: http://www.netpicks.com/oftbrightbreakthroughs trading confluence, fibonacci, support and resistance Risk Disclosures: https://www.netpicks.com/risk-disclosure/
Excel Trade Log Template
 
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Template can be found in this post: - http://www.netpicks.com/trading-article/using-excel-trade-log/
Day Trading the Silver Futures
 
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http://www.premiertraderuniversity.com/webinars In this training video I will cover tips for trading the Silver Futures SI futures contract. Best times to start and stop, range bar trading settings and some tips on how to maximize opportunities with this metals currency market